NOT LISTED FOR SALE

7314 W Summerdale Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $333,000 - $359,000

2 Beds
2 Baths
1,083 Sq Ft
$320/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $195,000 $180 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,262/month

9 Days on Market

Highlights

  • Georgian Architecture
  • Den
  • Galley Kitchen
  • William Howard Taft High School Rated A-
  • Detached Garage
  • Forced Air Heating System

About This Home

As of September 2014

Lovely brick Georgian waiting to be returned to its former glory. incredible Oriole Park location. Near shopping, transportation and expressway. First floor bath with step in shower. Hardwood floors under carpet in living & dining rooms and both bedrooms. Big backyard for summertime fun. Full basement adds to your space. Needs updating but priced to sell. Normal sale with a quick closing possible.

Last Agent to Sell the Property

Pete Gialamas

Century 21 Langos & Christian License #471020247 Listed on: 07/02/2014

Century 21 Langos & Christian

Last Buyer's Agent

Dave Olzeski

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,275

Year Built

  • 1944

Lot Details

  • East or West Exposure

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Oven or Range

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,275

Year Built

1944

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1944
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1944

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 11X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 9X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 8X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Galley
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 10X18, On Level: 2nd Level
  • Additional Room 1 Name: Den, Dimensions: 9X7, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X11, On Level: 2nd Level
  • Estimated Sq Ft: 1083
  • Dining Room Type: Separate
  • Family Room: Dimensions: 11X17, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: W (West)
  • Acreage: 0.1051

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 40 X 104 X 17 X 41 X 107
  • Parcel Identification Number: 12122290340000

Tax Info

  • Taxes: 4300.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Lamonica Nicholas F and Mandradzhieva Monika N
Bought by
Lamonica Nicholas F
Current Estimated Value
$346,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$255,435
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$91,037

Purchase Details

Closed on
Jan 15, 2021
Sold by
Lafloer Stefan W H and Lamonica Roberta J
Bought by
Lamonica Nicholas F and Mandradzhieva Monika N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 25, 2014
Sold by
Fogarty Mary D and Degaard John C
Bought by
Lamonica Roberta J and Lafloer Stefan
Seller's Agent
Pete Gialamas
Century 21 Langos & Christian
Buyer's Agent
Dave Olzeski
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$146,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2011
Sold by
North Star Trust Company
Bought by
Degaard John C and Fogarty Mary D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lamonica Nicholas F -- First American Title Insurance
Lamonica Nicholas F $225,000 Attorney
Lamonica Roberta J $195,000 Ct
Degaard John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamonica Nicholas F $258,750
Previous Owner Lamonica Nicholas F $180,000
Previous Owner Lamonica Roberta J $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $195,000 -2.5% $180 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $199,900 -- $185 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,275 $33,001 $11,448 $21,553
2023 $5,142 $25,000 $9,158 $15,842
2022 $5,142 $25,000 $9,158 $15,842
2021 $5,027 $25,000 $9,158 $15,842
2020 $4,839 $21,721 $5,723 $15,998
2019 $4,796 $23,870 $5,723 $18,147
2018 $4,715 $23,870 $5,723 $18,147
2017 $4,838 $22,472 $5,036 $17,436
2016 $4,501 $22,472 $5,036 $17,436
2015 $4,802 $26,203 $5,036 $21,167
2014 $4,447 $23,968 $4,579 $19,389
2013 $4,359 $23,968 $4,579 $19,389
Source: Public Records

Agents Affiliated with this Home

  • Pete Gialamas

    Seller's Agent in 2014

    Pete Gialamas

    Century 21 Langos & Christian

    (847) 962-5851

    126 Total Sales

    Pete Gialamas
    Section Image

  • D

    Buyer's Agent in 2014

    Dave Olzeski

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08661793

Midwest Real Estate Data (MRED)

APN: 12-12-229-034-0000

Illinois Cook County Chicago 60656 Norwood Park

7314 W Summerdale Ave, Chicago, IL

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